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Silicon Motion Technology (SIMO): Today's Weak On High Volume Stock

Trade-Ideas LLC identified Silicon Motion Technology ( SIMO) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Silicon Motion Technology as such a stock due to the following factors:

SIMO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $35.9 million.

SIMO has traded 193,745 shares today.

SIMO is trading at 6.38 times the normal volume for the stock at this time of day.